It always seems impossible until it's done.
USD
EUR/USD
The Euro edges toward $1.1520 despite a cautious ECB tone, with Lagarde reaffirming the bank’s readiness to adjust rates to keep inflation aligned with its 2% target.
GBP/USD
The Pound sterling remains relatively weak around $1.3100, as uncertainty over the upcoming U.K. budget and growing expectations of a Bank of England rate cut next month weigh on the currency.
USD/JPY
The Japanese Yen remained under pressure around 156.55 against the greenback amid increasing expectations that the Bank of Japan will postpone interest rate hikes due to political pushback against early tightening.
AUD/USD
The Australian dollar holds steady near $0.6460 as the RBA’s cautious stance keeps it supported, with markets awaiting key CPI data.
USD/CAD
The Canadian dollar remains below 1.4100 against its U.S. counterpart due to the renewed expectation of FED rate cuts.
USD/ZAR
The South African rand trades near 17.35 against the U.S. dollar, supported by monetary easing and stronger fiscal discipline.
USD/MUR
The dollar–rupee inched up by 12 cents, reaching 46.77 (selling) this morning.
13:00 EUR IFO – Business Climate
13:00 EUR IFO – Current Assessment
13:00 EUR IFO – Expectations
15:00 EUR ECB's Cipollone speech
16:45 EUR ECB's Elderson speech
18:45 EUR ECB's President Lagarde speech
21:45 EUR ECB's Nagel speech
